Connect with us

NEWS

BREAKING: N30t Leakages: Oil Coys CEOs Fear Arrest, Meets Senate Panel Behind Closed Doors

Published

on

 

Sen Hope Uzodinma

The Chief Executive Officer of multinationals Oil Companies on Wednesday, fearing possible implementation of arrest threat have honoured their invitation to meet with the Senate Joint Committee on Customs, Excise and Tariff and Marine Transport.

The meeting held behind closed door was to enable them explain their culpability in the alleged infraction that cost the nation over N30 trillion naira.

They were allegedly accused of shortchanging the country through various import infractions on Wednesday.

BigPen Online can report that their meeting is coming less than a week after the Senate issued the threat to arrest some of them who failed to show up during the initial meeting.

Among other things, the companies CEOs were accused of involvement in the infractions that allegedly made the nation to lose the whopping sum.

The Chairman of the Joint Committee, Senator Hope Uzodinma, confirmed the meeting.

Advertisement
Article Banner

Uzodinma said the concerned CEOs have appeared before the committee to give explanation on the alleged involvement in N30 trillion leakages.

 

Continue Reading
Advertisement
Click to comment
FEATURES3 hours ago

Ondo Traditional Chief Shot Dead During Colleague’s Burial Rites

FEATURED5 hours ago

Edo Security: Group Lauds Gov Okpebholo For Ending Cult Killings, Tackling Kidnapping

FEATURES7 hours ago

Peter Obi: ‘I Have No Evidence I Won 2023 Presidential Election’

COMMUNITY REPORT20 hours ago

Delta North: Okowa Hails Asagba of Asaba’s Two Years Of Service-Driven Leadership

FEATURED21 hours ago

Trans-Forcados Oil Spill: Oborevwori Orders Medical Teams, Cleanup as Affected Communities Rise to 216

‎Why Court Rejected El-Rufai’s Medical Bail Request
FEATURED23 hours ago

Rufai’s Bail Fight Takes New Turn as Appeal Court Reserves Judgment

NIGER DELTA1 day ago

DOPF 2026 Conference: Prof Dode Oghenedoro to Speak on Democracy Under Pressure in Asaba

FEATURED1 day ago

NAF Releases Names of 25 Officers Killed in Ondo Plane Crash — Full List

COMMUNITY REPORT1 day ago

WUEDA DG Ejinyere Hosts Warri NUJ, Seeks Partnership on Development Reporting, Project Verification

FEATURES1 day ago

I Sleep, Eat Thinking About Tinubu’s Re-Election — Wike

FEATURED2 days ago

Tinubu Declares 3-Day National Mourning for 32 Air Force Personnel Killed in Ondo Plane Crash

BUSINESS2 days ago

Tennor Global Acquires 65% Stake in Alpha Energy International With $500 Million Funding for Oil Expansion

FEATURED2 days ago

Adeda: Delta Govt Vows Justice Will Prevail, Dismisses Cover-Up Fears

Defense and Security2 days ago

NAF ATR-42 Crashes in Ondo While on Benin-Lagos Mission

FEATURED2 days ago

JUST IN: Helicopter Crashes in Igbokoda, Ondo State, Several Feared Dead – Police Confirm

Advertisement
Advertisement

z

   


Article Banner